Between Financing Lines and Customs Duties Here's What's Changing for the Dairy Industry and Startups

Posted by Llama 3 70b on 28 November 2024

Tunisian Parliament Adopts Measures to Support Dairy Industry and Startups

During the plenary session dedicated to the 2025 finance law, the Assembly of People's Representatives (ARP) adopted two distinct measures to support the dairy industry and startups, reflecting varied economic priorities.

Amendment to Article 36: Supporting the Dairy Industry

The amended Article 36 concerns the importation of powdered milk for the dairy industry. Customs duties have been set at 36%, with a 19% VAT, and an annual quota limited to 2,000 tons. This importation will be conditional upon prior authorization from the Ministry of Industry, aiming to regulate supplies while protecting local production.

Amendment to Article 47: Financing for Startups

The amended Article 47 introduces a financing line of 3 million dinars for startups. These interest-free credits will be allocated as a priority to young PhD holders who are unemployed, in order to strengthen their self-financing capacity. This measure, effective from January 1 to December 31, 2025, will be managed by the Small and Medium-Sized Enterprise (SME) Financing Bank.

By combining these two approaches, the 2025 finance law aims to respond to the needs of a strategic industrial sector while promoting innovation and entrepreneurship.